Financial news

• Oxford Ionics' breakthroughs herald dawn of a new mainstream quantum computing age

  07-04-2025 19:24 via express.co.uk
  
  Super powered computing technology being developed by cutting-edge UK engineer Oxford Ionics will enable mass production of new machines and transform the capabilities of global industries from defence and aerospace to pharmaceuticals and finance.
  
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• Hike in state pension age means 1 in 10 people have no idea when they will retire

  07-04-2025 19:17 via express.co.uk
  
  One in five either do not know their state pension age or have underestimated it, an expert has warned.
  
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• Everything we know so far about how Trump's tariffs will impact your pension

  07-04-2025 19:06 via express.co.uk
  
  As the world's stock markets take the brunt of US President Donald Trump's tariffs experts explain what will happen to your pension and savings.
  
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• Martin Lewis says ‘Sky isn’t telling you this’ as he issues message to broadband users

  07-04-2025 18:04 via express.co.uk
  
  Martin Lewis says that there is a quirk to the way the new rules work that Sky 'isn't telling you'.
  
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• Wonder drug or waste of money? The truth about fish oil supplements

  07-04-2025 18:00 via theguardian.com
  We asked experts on what are the benefits and risks of taking the highly touted supplement. This is what they saidFish oil is a perennial wellness topic, partly because there’s so much conflicting information.“People perceive fish oil to be a wonder supplement,” says Amelia Sherry, clinical nutrition coordinator at the Mount Sinai hospital. Continue reading...
  
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• Labour says PIP claimants losing £4,500 'can manage with small interventions'

  07-04-2025 17:45 via express.co.uk
  
  The qualifying rules for PIP are tightening with some 800,000 people set to lose out
  
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• UK homeowners face hidden ‘house price crash’ as real values drop

  07-04-2025 17:26 via express.co.uk
  
  The market "is at a turning point" and homeowners must price their properties "carefully" an expert has warned.
  
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• Deported over a speeding ticket? Dozens of US students’ visas abruptly revoked

  07-04-2025 17:18 via theguardian.com
  Nearly 40 students report canceled visas over minor infractions as Trump intensifies crackdown on universitiesLisa was eating takeout at a friend’s place when the email from her university landed. She clicked into her inbox and skimmed the message:“ISS [International Student Services] is writing to inform you that your SEVIS record was terminated …” Continue reading...
  
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• Sky Q customers can cut TV costs by up to £270

  07-04-2025 16:32 via express.co.uk
  
  A simple switch can result in hundreds of pounds of savings for UK households.
  
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• British Gas to take on 90,000 customers of collapsed Rebel Energy

  07-04-2025 15:56 via theguardian.com
  Ofgem makes decision over which firm inherits household and business customers of failed supplierBritish Gas will take on 90,000 customers left without an energy supplier after Rebel Energy went bust earlier this month.On Sunday, the industry regulator for Great Britain, Ofgem, appointed British Gas to begin supplying gas and electricity to 84,000 household customers and 6,000 businesses. Continue reading...
  
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• Premium Bonds prize rate explained as expert says payouts can be 'significantly less'

  07-04-2025 14:52 via express.co.uk
  
  NS&I recently reduced the prize fund rate for Premium Bonds again
  
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• UK households with a mortgage told Trump tariffs could actually be good news

  07-04-2025 14:33 via express.co.uk
  
  A mortgage lender said it was reducing its rates as a result of US President Donald Trump's 'Liberation Day' tariffs.
  
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• Car tax: green motoring just got more expensive as EVs lose exemption

  07-04-2025 11:30 via theguardian.com
  Concern grows that people will be put off buying electric vehicles because most will also have to pay ‘expensive car supplement’Tax rules introduced last week mean many drivers – ­especially owners of electric vehicles (EVs) and new high-end cars – face hefty bills to get on the road.Someone who is buying a new 1-litre Ford Puma, for example, now has to pay £440 tax for the first year – up from £220. Continue reading...
  
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• ‘It will cripple the town’: Scunthorpe ponders life after steel as 2,700 jobs at risk

  07-04-2025 10:00 via theguardian.com
  
  Business owners say they are already struggling and furnace closures would make trading worse, but some residents say it’s time to move on“Everyone is despondent,” said Roj Rahman when trying to sum up the mood of a town where thousands of people could be out of work and 160 years of iron and steelmaking history could come to a juddering end in just a few months.“The steelworks is the very fabric of Scunthorpe,” he said. “It’s not just the steelworks, it
  
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• FTSE 100 plunges 6% to one-year low amid market turmoil, as Trump says ‘sometimes you have to take medicine’ – business live

  07-04-2025 09:34 via theguardian.com
  
  Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concernsHong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...
  
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• No sign of any U-turn on match-day parking scam near Old Trafford

  07-04-2025 09:30 via theguardian.com
  
  A £10 cash payment to fake parking stewards led to a real £170 penalty charge notice for one fanI received a £170 penalty charge notice (PCN) after being scammed by fake parking stewards while attending a football match at Old Trafford. This must be affecting unsuspecting fans at every match.I had been directed to park on a nearby street by men wearing hi-vis jackets with “official match day parking” written on them. They demanded a £10 parking fee in cash. I
  
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• UK house prices slide after rush to beat stamp duty changes

  07-04-2025 08:55 via theguardian.com
  
  Average price fell by 0.5% in March to £296,699, the steepest decline since March last year, Halifax saysBusiness live – latest updatesUK house prices have suffered their steepest decline in a year as the market cools after a buyer rush to beat changes to stamp duty changes in England and Northern Ireland.The average price of a property fell by 0.5% last month to £296,699, the steepest decline in value since March last year, according to Halifax. Continue reading...
  
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• Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

  07-04-2025 08:53 via theguardian.com
  
  Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concernsHong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says. Continue reading...
  
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• Falling Australian dollar spells bad news for travellers and shoppers

  07-04-2025 07:49 via theguardian.com
  
  The value of one Australian dollar dropped to a low of 59.64 US cents, its lowest point since April 2020‘Bloodbath’ market opening sees ASX shed $160bnGet our afternoon election email, free app or daily news podcastElection 2025 live updates: Australia’s federal election campaignConsumers and travellers will face higher prices after the Australian dollar fell to Covid-era lows, as markets reel from Donald Trump’s “liberation day” tariff plan.Fears of a global
  
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• Donald Trump shrugs off tariff turmoil as ‘medicine’ – video

  07-04-2025 07:27 via theguardian.com
  US President Donald Trump said that he won't back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the US, digging in on his plans to implement the levies that have sent financial markets reeling and raised fears of a recession. Speaking on Air Force One, Trump said he didn't want global markets to fall, but also that he wasn't concerned about the massive sell-off either, adding, 'sometimes you have to take medicine to fix something'Asian
  
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• Donald Trump digs in on tariffs, calls them 'medicine' – video

  07-04-2025 07:27 via theguardian.com
  
  US President Donald Trump said that he won't back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the US, digging in on his plans to implement the levies that have sent financial markets reeling and raised fears of a recession. Speaking on Air Force One, Trump said he didn't want global markets to fall, but also that he wasn't concerned about the massive sell-off either, adding, 'sometimes you have to take medicine to fix something'Asian
  
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• Retaliation or restraint: how should Keir Starmer react to US tariffs?

  07-04-2025 07:00 via theguardian.com
  
  Tit-for-tat levies on American goods may appeal to voters but would risk adding to UK’s economic headwindsKeir Starmer has said he wants to shelter Britain from the storm of Donald Trump’s escalating trade wars.Governments the world over are considering how best to respond to the turmoil unleashed on the global economy by the US president last week.Meat, fish and dairy products.Whiskey and rum.Clothing.Motorcycles.Musical instruments. Continue reading...
  
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• One in four Britons victim of ticket scams for in-demand events, says Nationwide

  07-04-2025 01:01 via theguardian.com
  
  Building society makes warning to fans desperate not to miss out as resale for Glastonbury festival approachesOne in four Britons say they have fallen victim to a ticket scam involving an in-demand event and lost £82 each on average, according to research issued ahead of the official Glastonbury festival ticket resale.High demand and low availability, fuelled by “fomo” (fear of missing out), were creating a “perfect storm” for scammers, said Nationwide building soci
  
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